Settings8H · net · $10k
Funding arb · Price arb /

PLTR

RWAall PLTR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0074%/8h= −8.1% APRnext payment $0.09 per $10,000 · paid last 24h −0.011%
Price spread now: tradeXYZ against Lighter−0.026%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$270.270% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.106%−$11 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.026%, 7d avg 0.000%
Together, before fees−0.073%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.025% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter PLTR183.160.0032pay 0.0004% / 1h25m 32s$184K$253K10x
ShorttradeXYZ xyz:PLTR183.11−0.0042pay 0.0005% / 1h25m 32s$12.1M$6.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$15.46
Price spread: −0.026% → 0.000%
−$2.53
Slippage, 4 orders
−$9.03
Fee Lighter: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$45.02
Costs to cover
0.270%
Break-even
never at this rate
Slippage from Lighter: live order book, 65 min ago; tradeXYZ: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 65 min ago1.67 bp2.9 bp −$35.2 bp −$52doesn't fitdoesn't fit
Sell tradeXYZ live order book, 3 min ago0.55 bp11.8 bp −$1214.8 bp −$148doesn't fitdoesn't fit

PLTR on 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps PLTR-USD−0.0117%1h183.04−0.064%$215K$677K10xas long as short
tradeXYZ xyz:PLTRshort−0.0042%1h183.11−0.026%$12.1M$6.3M10x
Aster PLTRUSDT0.0000%8h183.42+0.146%$61K$44K50xas long as short
Extended PLTR_24_5-USD0.0000%1h183.19+0.017%$303K$854K10xas long as short
Binance PLTRUSDT0.0000%8h183.24+0.045%$8.9M$30.6M20xas long as short
Bybit PLTRUSDT0.0000%8h183.24+0.045%$2.9M$2.5M25xas long as short
OKX PLTR-USDT-SWAP0.0000%8h183.30+0.078%$1.7M$2.3M20xas long as short
Gate PLTR_USDT0.0000%8h183.20+0.023%$340K$739K50xas long as short
Bitget PLTRUSDT0.0000%8h183.18+0.013%$3.3M$3.0M20xas long as short
Variational Omni PLTR0.0000%8h183.28+0.066%$738K$225Kas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT PLTR_USDT_Perp0.0000%8h183.28+0.067%$15K$647K10xas long as short
QFEX PLTR-USD+0.0022%1h183.15−0.004%$1.2M$2.2M10xas long as short
Lighter PLTRlong+0.0032%1h183.16long leg$184K$253K10x
Lighter RH PLTR+0.0032%1h183.20+0.023%$364K$594K10xas long as short
Injective PLTR/USDC PERP+0.0033%1h181.69−0.801%$1K$42K30xas long as short
Arcus PLTR-USD+0.0040%1h183.21+0.029%$86K$47K10xas long as short
Vest PLTR-USD-PERP+0.0046%1h183.32+0.089%$124K25xas long as short
SoDEX PLTR-USD+0.0050%1h183.24+0.045%$52K$3K10xas long as short
Ondo Perps PLTR-USD.P+0.0050%1h183.24+0.045%$351K$1.8M10xas long as short
Hotstuff PLTR-PERP+0.0064%1h183.10−0.031%$29K$10K20xas long as short
Phoenix PLTR+0.0087%1h183.07−0.048%$30K$93K10xas long as short
Pacifica PLTR+0.0100%1h183.16+0.003%$193K$15K10xas long as short
KuCoin PLTRUSDTM+0.0100%8h183.12−0.020%$1.0M$50K20xas long as short
ApeX Omni PLTRUSDT+0.0100%1h183.22+0.034%$3K$8K50xas long as short
Aevo PLTR-PERP+0.0104%1h183.26+0.058%$9010xas long as short
BloFin PLTR-USDT+0.0120%8h183.38+0.122%$124K$249K20xas long as short
edgeX PLTRUSDC+0.0455%4h183.30+0.079%$42K$263K10xas long as short